Tribunals · Peterborough City Council · 2023 rating list

9, COMMERCE ROAD, PE2 6LR

Office and premises Decided 15 April 2025 CHG101202057 Ryan Property Tax Services UK Limited/Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£41,750£120/m²

Ratepayer sought—

VO conceded first—

Tribunal decided£41,750£120/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 2 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellant sought to reduce the unadjusted rate from £120/m² to £96/m² by relying on three rental comparables, including a heavily incentivised lease at Gnd Flr North Wing Park House. The Tribunal examined the basket of rental evidence and comparable assessments, finding that whilst incentivised rents ranged down to £96.28/m², the rents presented (analysing between £96.28/m² and £150/m²) and all comparable properties with an adopted tone of £120/m² supported the reasonableness of the current assessments. The appeals were dismissed as the appellant failed to provide compelling evidence to reduce the RV.", <parameter name="vo_conceded_rv">null

Summary generated from the decision text and checked against it. The appellant was Greenstones Limited, represented.